Common use of Redemption Clause in Contracts

Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to Section 23(b) hereof and shall not be redeemed in any other manner.

Appears in 99 contracts

Samples: Rights Agreement (Amag Pharmaceuticals Inc.), Rights Agreement, Rights Agreement (Harbor BioSciences, Inc.)

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Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to subsection (b) of this Section 23(b) hereof 23 and shall not be redeemed in any other manner.

Appears in 48 contracts

Samples: Rights Agreement (Hudson Highland Group Inc), Rights Agreement (Orient Express Hotels LTD), Rights Agreement (Midwest Air Group Inc)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to paragraph (b) of this Section 23(b) hereof 23 and shall not be redeemed in any other manner.

Appears in 18 contracts

Samples: Rights Agreement (Chembio Diagnostics, Inc.), Rights Agreement (Pyr Energy Corp), Rights Agreement (Double Eagle Petroleum Co)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to paragraph (b) of this Section 23(b) hereof 24, or may be redeemed and exchanged by action of the Board of Directors pursuant to Section 25 herein, but shall not be redeemed in any other manner.

Appears in 11 contracts

Samples: Rights Agreement (Baldwin Piano & Organ Co /De/), Rights Agreement (Symbion Inc/Tn), Rights Agreement (Meridian Industrial Trust Inc)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to Section 23(b23 (b) hereof and shall not be redeemed in any other manner.

Appears in 10 contracts

Samples: Rights Agreement (Dolan Media CO), Rights Agreement (Kensey Nash Corp), Rights Agreement (Nanophase Technologies Corporation)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to paragraph (b) of this Section 23(b) hereof 24, and shall will not be redeemed in any other manner.

Appears in 10 contracts

Samples: Rights Agreement (Cubist Pharmaceuticals Inc), Rights Agreement (Access Pharmaceuticals Inc), Rights Agreement (Insci Statements Com Corp)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to Section 23(b) hereof and shall not be redeemed in any other manner.

Appears in 9 contracts

Samples: Rights Agreement (First Business Financial Services, Inc.), Rights Agreement (First Business Financial Services, Inc.), Rights Agreement (Badger Meter Inc)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to Section 23(b) hereof and shall not be redeemed in any other manner.

Appears in 7 contracts

Samples: Rights Agreement (Insys Therapeutics, Inc.), Rights Agreement (Looksmart LTD), Rights Agreement (Great Wolf Resorts, Inc.)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors of the Company pursuant to paragraph (b) of this Section 23(b) hereof 23 and shall not be redeemed in any other manner. The Rights Agent shall be given written notice of any such redemption.

Appears in 4 contracts

Samples: Rights Agreement (Dime Community Bancorp Inc), Rights Agreement (Warwick Community Bancorp Inc), Rights Agreement (First Sentinel Bancorp Inc)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors of the Company pursuant to paragraph (b) of this Section 23(b) hereof and 24, but shall not be redeemed in any other manner.

Appears in 3 contracts

Samples: Rights Agreement (Illini Corp), Rights Agreement (Compuware Corporation), Rights Agreement (Princeton National Bancorp Inc)

Redemption. (a) The Rights may be redeemed only by action of the Board of Directors pursuant to subsection (b) of this Section 23(b) hereof 23, and shall not be redeemed in any other manner.

Appears in 2 contracts

Samples: Rights Agreement (Hemacare Corp /Ca/), Rights Agreement (Hemacare Corp /Ca/)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to paragraph (b) of this Section 23(b24 or by action of the Continuing Directors pursuant to paragraph (c) hereof of this Section 24, and shall not be redeemed in any other manner, except as provided by Section 32.

Appears in 2 contracts

Samples: Rights Agreement (Uromed Corp), Rights Agreement (General Scanning Inc \Ma\)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors of the Company pursuant to paragraph (b) or (c) of this Section 23(b) hereof 24 and shall not be redeemed in any other manner, except as provided by Section 32.

Appears in 2 contracts

Samples: Rights Agreement (Xionics Document Technologies Inc), Rights Agreement (Xionics Document Technologies Inc)

Redemption. (a) The Rights may be redeemed only by action of the Board of Directors pursuant to paragraph (b) of this Section 23(b) hereof 23 and shall not be redeemed in any other manner.

Appears in 2 contracts

Samples: Rights Agreement (Jostens Inc), Rights Agreement (Damark International Inc)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors Directors, upon Board Approval, pursuant to Section 23(b) hereof of this Agreement and shall cannot and will not be redeemed in any other manner.

Appears in 2 contracts

Samples: Rights Agreement (Usf Corp), Rights Agreement (Arkansas Best Corp /De/)

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Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to Section 23(b) hereof or by stockholder action pursuant to Section 23(c) hereof and shall not be redeemed in any other manner.

Appears in 1 contract

Samples: Rights Agreement (EMAK Worldwide, Inc.)

Redemption. (a) a. The Rights may be redeemed by action of the Board of Directors pursuant to paragraph (b) of this Section 23(b) hereof 23 and shall not be redeemed in any other manner.

Appears in 1 contract

Samples: Rights Agreement (Shuffle Master Inc)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to Section 23(b) hereof of this Agreement and shall not be redeemed in any other manner.

Appears in 1 contract

Samples: Rights Agreement (Helix Biomedix Inc)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors of the Company pursuant to subsection (a)(i) of this Section 23(b23 or by shareholder action pursuant to subsection (a)(ii) hereof of this Section 23 and shall not be redeemed in any other manner.

Appears in 1 contract

Samples: Rights Agreement (Thomas & Betts Corp)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to Section 23(b) hereof of this Agreement and shall cannot and will not be redeemed in any other manner.

Appears in 1 contract

Samples: Rights Agreement (Quest Medical Inc)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to paragraph (b) of this Section 23(b23 or by stockholder action pursuant to paragraph (c) hereof of this Section 23 and shall not be redeemed in any other manner.

Appears in 1 contract

Samples: Rights Agreement (Pioneer Standard Electronics Inc)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors pursuant to Section 23(bSUBSECTION (b) hereof of this SECTION 23 or by stockholder action pursuant to SUBSECTION (c) of this SECTION 23 and shall not be redeemed in any other manner.

Appears in 1 contract

Samples: Rights Agreement (Proler International Corp)

Redemption. (a) The Rights may be redeemed by action of the Board of Directors of the Company pursuant to Section 23(b) hereof and shall not be redeemed in any other manner.

Appears in 1 contract

Samples: Rights Agreement (Kosan Biosciences Inc)

Redemption. (aA) The Rights may be redeemed by action of the Board of Directors pursuant to Section 23(b) hereof and shall not be redeemed in any other manner.

Appears in 1 contract

Samples: Rights Agreement (Healthetech Inc)

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